211 N Sunrise Way, Palm Springs, CA 92262

$3,250,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,250,000
Status
ACTIVE
MLS#
219144637
Lot Size
59,677
Days on Market
139
Property Type
Land
Neighborhood
Central Palm Springs

Property Description

15 Unit Medium-Density Multifamily Development Opportunity on 1.37-Acres in Central Palm Springs. Rare opportunity to acquire one of the few remaining multifamily infill development sites in central Palm Springs. This 1.37-acre parcel is planned for a 15-lot residential subdivision and is currently awaiting final approval, offering developers a compelling opportunity to deliver new housing in a supply-constrained market. Ideally positioned between downtown Palm Springs and The Palm Springs International Airport, the site provides convenient access to shopping, dining, entertainment, and major transportation corridors. Situated on fee land, the property offers the benefit of true land ownership, an increasingly valuable advantage in Palm Springs. Located on site of the former Gas Company building set to be sold separately or as a packaged deal.

Additional Information

Land Lease Type
Fee
View
Mountain(s)
Sewer
On Site, Public Hookup Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass.